The world trade globalization continues at a rapid pace driven mainly by commodity needs, technological and lifestyle trends change, cheap labour location and development of sophisticated financial markets that allows the financing of it all.

As Singapore is a small territory, it has to rapidly convert it's economy to keep pace with the changes in our geographical location..
When i made it my 2nd home in 1986, Singapore was in the middle of the Assembly "Cheap labour" economy era with advantage of superior logistics capability with it's attendant ancilliary education and financial services industry as support. It was also a good place to live for key expatriate personnel needed to man those operations.

It then started to outgrow the CHEAP ASSEMBLY as labour cost became higher thus converting itself to became a Regional Headquarter location for Multinationals as a comfortable base to control operations of CHEAP LABOUR availability regions within Asean and China.

Nowadays, The trend that we are begining to observe is the growth CRITICAL INGREDIENT and CRITICAL COMPONENT industry.
All trade has CRITICAL components in it,

For example, medicine, finance, chemicals, aerospace etc. needs critical ingredients, specialty effective chemicals, crtical mass forex trading, catalyst or jet engines respectively. Singapore has been blessed by it's close relationship with BRITAIN and be made a location in Asia for it's critical component, commodity, ingredient, financial industries. These are the TRUE PINNACLE industries that the "Eye on the Pyramid symbol" of the Amerikan Regime's ILLUMINATI Secret Society that supposedly rules the United States is dependent on for their power.

Now it is trying to build a INDIGENEOUS range of product to protect it's future in the NEW MIDDLE KINGDOM economic zone, and in general the global economy. In all probability, the new major export categories would include (1) New Electric generation systems (Fuel Cell, Hydrolysis of hydrocarbon), (2) New Convergence of multimedia brought about my High Speed Wireless Broadband.

Just the New Convergence of Multipedia consumer product, could easily be worth anywhere between Rmb20 trillion with lifecycle of 5 to 10 years for the 2 billion households we have globally, especially the top end of 500 million household in Asian Trade Route states, China, United States, British Club states and the European Union.

The reason why Singapore has fared better then most developing nations is because the People's Action Party took immediate steps to have the government direct industry. Right after their independence was granted, the PAP established government projects to provide universal housing, education, transport, and medical care. Without this, unemployment and malaria would have crippled Singapore.

See this book (pdf warning) on how essential government planning was to the early Singapore economy. For example, without public transport workers would not have been able to get to many jobs, and foreign investment would not have translated into employment. Without government provided medical care Singapore would have had the same problems with Malaria that have devastated African economies. Without public education, the people of Singapore would not have been able to make many of the scientific and medical advances which boosts the Singapore economy now, especially in the area of stem cell research. And Singapore is far ahead of even the advanced capitalist nations in terms of providing universal housing.

It was these early government programs that made Singapore strong. If not for these programs Singapore would still be plagued by the same problems as much of post-colonial sub-Saharan Africa.

Reply #2 Dermezel's post

The most critical part of a STRONG and DYNAMIC nation is having a CORE GROUP of energetic class of NATURALIST gentleman, and DISCIPLINE, honest BUREACRATs. The renegade cults will always been around, created by the DIVINE to control via soft or harsh methods on the EVIL, corrupt bureaucrats. However, we must be worried about RENEGADE CULT members who misuse the weapon given to the weak, and use if for EVIL.

Singapore has done well on the back of the soft persuasion tactics of the cults, the balance of opposites renegade cult pipeline guilds and the honesty of some of the politicians.

We can see our Mr. Lee Jr. is under stressful watch of the cults too!

He has AGED a lot.
and probably worse off than his dad as he is now aware of what is going around him!

Green DRagon
Game Master

note: It's a divine direction to explain certain issue. So don't get worried.

and came the strange Jaya Supermarket building collapse at section 14, Petaling Jaya early this morning

well, i have raised some "worries" about some of the impending changes.
The raising of non inflationary wages in Central Region is encouraged, inflationary methods should be discouraged! This include fuel price rises and removal of cheap food supplies.

However reducing number of foreign workers in the central region especially in the non-dirty, dangerous, demeaning, difficult is sufficient to cause pressure on wages. There is no need to have additional administrative implementation.

The Patani, Riau assembly region still needs the assembly jobs. The companies that provide those job (unlike Japan, Korea, Taiwan, Hong Kong) are foreign and thus are unlikely to upgrade their operation to keep their operations. Malaya-Singapore-Borneo federation has business structure more akin to the British Club. This are more City Centre Trade/Financial/Real Estate in Central and Commodities with it's processing in Riau, Borneo region.

Drastic action in Riau, Patani and Borneo will bring UNEMPLOYMENT to Malaya.

We do not have those companies such as MASHU----A, SONY, HITACHI, SAMSUNG, DAEWOO, FORMOSA, FOUNTAINSET, STERLING etc. that would retain the high end business and export the assembly business. Suggest STEP BY STEP administrative action be done to ensure BEST RESULTs rather than drastic BIG STEPs.

Look at our Industrial Champions, and the companies..

..that provide the assembly jobs.

We have to ensure that companies such as the AUTOASSEMBLERs, such as UMW, Proton, Oriental, Tan Chong, Sime, Naza are capable of providing high value industrial jobs. There is also the chemical/commodity companies such as IOI, KLK, Sime Darby, Felda, Titan, Recron, Conoco, Petronas, Exxon, Shell can provide enough jobs. Then there are the airlines MAS, Air Asia, the hotels, retailer, shopping centres, food, home allied services can provide those jobs vacated from the assembly industry. Then there is high value added materials companies such as YTL cement, La Faberge, Kiara Emas, Scientex, Tasek, White Horse, Johnson tiling companies etc.

It's better to expand the CBD first and absorbed the unemployed in Shah Alam, Kajang and Bangi first.

Please do our planned changes with CARE.

Reduce foreign workers in the services in Central first, this will be the impetus to increase wages, without the inflation as companies upgrades and we watch the results as the increased wages will provide greater stimulus to the value of real estate in Central region. Penang, Malacca, Kuantan, Johor Baru, Kuching, Kota Baru will be affected too!